'A serious concern': NatWest accused of weakening restrictions on oil and gas financing

Michael Holder
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

NatWest's new Climate Transition Plan appears to water down several policies governing financing for the oil and gas sector, but bank insists it remains committed to halving the climate impact of its lending by 2030

NatWest has been accused of weakening policies governing its lending to the oil and gas industry in its latest Climate Transition Plan, which today set out how the bank intends to "continue to engage with...

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